Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-11-15-Speech-2-683-000"
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"en.20111115.33.2-683-000"2
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"Mr President, I am really pleased that the Court’s 2010 annual report confirms that our efforts bear results.
I am looking forward to a constructive and fruitful debate with you and I would also like to assure you that the Commission will provide you with all necessary support as it has done in the past.
I would like to stress that the report of the Court of Auditors means that 96.3% of all spending of EU money is free of error. 96.3% – so I think this is a significant achievement but, of course, we want to do better.
Our discussion today indicates that part of our efforts needs to be focused on those European programmes where management is shared with the Member States, in particular, in the area of cohesion. Here, I also would like to draw your attention to the fact that 2010 was the year when spending on cohesion reached its full speed. So all the programmes were triggered and yet, despite this fact, the level of error in 2010, although it increased in comparison to 2009 – to 7.7% as some of you rightly pointed out – is nevertheless much lower than in 2008 or 2007.
So I think this also demonstrates that the systems which were developed in this programming period are working. Of course, implementation of those systems requires more efforts at the level of the Member States.
Some of you – or many of you – also discussed the issue of financial engineering instruments and we do, of course, take into account the risks related to these financial engineering instruments, but I think that it is also very important to take into account that these instruments are the source of financing for small and medium-sized enterprises which are so important in the situation of the crisis.
The Commission actually adopted a very exhaustive guidance note on the implementation of financial engineering instruments. We developed a new and very comprehensive audit methodology for financial engineering instruments and we also strongly advise audit authorities in the Member States to produce thematic audits on the use of financial engineering instruments. All this demonstrates that we take this issue very seriously into account, but of course we will be ready during the discharge procedure to discuss this issue in more detail.
The Commission is undertaking follow-up, as we speak, to the issues identified in the 2009 discharge resolution and to the new findings disclosed in the 2010 Court report.
For the future, major proposals for the next multiannual financial framework have been tabled already, notably for cohesion and agriculture policies. You will find in these proposals how the Commission has duly taken your recommendations into account.
Other proposals will follow until the end of this year and will include as well the necessary provisions to improve further the financial management of EU funds."@en1
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